Berkshire Hathaway and ARK Invest Buy Alphabet Shares Amid Offering Dip

Alphabet shares attracted major institutional buying on June 3-4 as both Cathie Wood’s ARK Invest and Berkshire Hathaway acquired significant positions. ARK purchased 267,582 shares across four ETFs, including 97,420 Class A and 97,420 Class C shares in ARKK valued at $162 million. Berkshire Hathaway bought roughly $10 billion of Alphabet stock at an estimated 6% discount. The purchases followed an $80 billion equity offering that triggered nearly 8% selling pressure, though the stock still rose 2.7% intraday and has gained 113% over the past year on AI enthusiasm. The cross-style inflows signal renewed institutional confidence despite near-term supply overhang.